OTHER COMPREHENSIVE INCOME ACCOUNT

 Hello All,

Client is requesting a way to track "Other Comprehensive Income" in a new account separate from the retained earnings account.

Does anyone have any knowledge around this matter?

A brief background:

1) OCI does not need to be represented on the income statement - hence the requirement to break it out from RE.

2) However, client would like the balances of the OCI account to roll forward every year like a RE account would - i.e. roll into the opening balance sheet every January.

Please advise.

Thanks,

Paul